Janney Montgomery Scott LLC Has $12.82 Million Stock Holdings in Carnival Corporation $CCL

Janney Montgomery Scott LLC decreased its holdings in shares of Carnival Corporation (NYSE:CCL) by 17.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 455,798 shares of the company’s stock after selling 98,420 shares during the period. Janney Montgomery Scott LLC’s holdings in Carnival were worth $12,817,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of CCL. Causeway Capital Management LLC acquired a new position in Carnival during the first quarter worth $518,816,000. Nuveen LLC acquired a new position in Carnival during the first quarter worth $432,718,000. 59 North Capital Management LP acquired a new position in Carnival during the first quarter worth $69,303,000. AGF Management Ltd. raised its holdings in Carnival by 14,603.8% during the first quarter. AGF Management Ltd. now owns 2,871,219 shares of the company’s stock worth $56,075,000 after buying an additional 2,851,692 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Carnival by 24.7% during the first quarter. Invesco Ltd. now owns 12,965,228 shares of the company’s stock worth $253,211,000 after buying an additional 2,566,148 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival Price Performance

Shares of NYSE:CCL opened at $28.56 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.34 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $33.34 billion, a PE ratio of 14.87, a P/E/G ratio of 0.61 and a beta of 2.68. Carnival Corporation has a twelve month low of $15.07 and a twelve month high of $32.80. The company has a 50-day moving average price of $30.42 and a two-hundred day moving average price of $25.48.

Carnival (NYSE:CCL) last issued its earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.11. The firm had revenue of $8.15 billion during the quarter, compared to analyst estimates of $8.09 billion. Carnival had a net margin of 10.07% and a return on equity of 27.86%. The company’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business earned $1.27 earnings per share. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. Equities analysts forecast that Carnival Corporation will post 1.77 EPS for the current year.

Insiders Place Their Bets

In other news, Director Sir Jonathon Band sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $29.75, for a total value of $371,875.00. Following the completion of the transaction, the director directly owned 64,406 shares in the company, valued at approximately $1,916,078.50. This trade represents a 16.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.60% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Stifel Nicolaus increased their target price on shares of Carnival from $34.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, September 23rd. Susquehanna increased their target price on shares of Carnival from $30.00 to $35.00 and gave the company a “positive” rating in a report on Tuesday. Morgan Stanley increased their target price on shares of Carnival from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Wednesday. TD Cowen assumed coverage on shares of Carnival in a report on Tuesday, July 22nd. They issued a “buy” rating and a $36.00 target price for the company. Finally, UBS Group set a $35.00 target price on shares of Carnival and gave the company a “buy” rating in a report on Wednesday. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $32.90.

Carnival Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.